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Judgment Search Results Home > Cases Phrase: export import bank of india act 1981 preamble 1 the export import bank of india act 1981 Page 1 of about 1,045 results (0.450 seconds)

Feb 28 1983 (HC)

Sanmukh D. Makhija and anr., Vs. State of Maharashtra and ors.

Court : Mumbai

Reported in : 1983(2)BomCR431; (1983)85BOMLR411

..... the provisions contained in chapter iii only reiterate the position that the government has absolute control in respect of manufacture, sale, export, import, transport, use, consumption or possession of liquor or any other intoxicants, and the other provisions of the act are intended to regulate the above matters in relation to the particular types of intoxicants, including liquor ..... in this connection we must note that admittedly the old rules continued to remain in force till they were amended in the month of november 1981 and the licences already granted or renewed must be governed by the rules which were in force at the time of the renewal of the licence and it is only after the period of the licence is over new rules would apply. ..... the preamble shows that it is an act to amend and consolidate the law relating to the promotion and enforcement of and carrying into effect the policy of prohibition and also of the abkari law in the state ..... in such a scheme, it is not of the essence whether the amount charged to the licensees is predetermined as in the appeals of northern india caterers and of green hotel or whether it is left to be determined by bids offered in auctions held for granting those rights to licensees ..... in the view that we have taken the bank guarantees furnished by the petitioners are ..... at the time of the admission of these petitions, the petitioners were granted interim stay of recovery of difference in the amount on condition that they had to furnish bank guarantee for .....

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Jun 19 2014 (HC)

M.A.Sudhagar Vs. 1.The Government of Tamilnadu,

Court : Chennai

..... 14.but, unfortunately, despite the directive principles of state policy contained in article 47 of the constitution of india and despite the very preamble to the tamil nadu prohibition act, 1937, all types of licences, including state monopoly in the marketing of indian made foreign liquor, are governed by the rules issued under the very same act. ..... whereas it is expedient as early as possible to bring about the prohibition, except for medicinal, scientific, industrial or such like purposes, of the production, manufacture, possession, export, import, transport, purchase, sale and consumption of intoxicating liquors and drugs in the state of tamil nadu. ..... respondent (who is an individual member of the club) oppose the writ petition on several grounds, namely: (i) that the prayer in the writ petition cannot be granted, since the 6th respondent holds a valid licence in form f.l.2 to run a bar in terms of the tamil nadu liquor (licence and permit) rules, 1981; (ii) that the licence granted to the 6th respondent club is not under challenge; (ii) that in the main street, connecting the street in question, there are atleast six hotels/tasmac shops, where indian made foreign .....

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Oct 05 2000 (TRI)

Kudremukh Iron Ore Ltd. Vs. Collector of Customs

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in : (2000)(72)ECC391

..... the preamble to that notification stated that goods specified in the table attached to it, when imported into india for the purpose of manufacture of articles for exports out of india by hundred per cent export-oriented undertakings are exempt from the whole of the duty of customs leviable thereon under the first schedule to the customs tariff act, 1975 and the additional duty leviable under section 3. ..... it plays an important part in the process of production, handling of the ore and other activities as explained by the appellants are integrally connected with the process of production going by the nature of the industries and the various processes employed in connection with the production of the finished product, trucks and drills are essential and integral part of the production machinery the plant. ..... their lordships observed: where a dealer is engaged both in mining operation as also in processing the mined ore for sale, the two processes being interdependent, it would be essential for carrying on the operation of processing that the ore should be carried from the mining site where the mining operation comes to an end to the place where the processing is carried on and that would clearly be an integral part of the processing and if any machinery, vehicles, barges and other items of goods are used for carrying ..... 13/81-cus dated 9.2.1981 as amended by subsequent notifications. ..... reported in (1981) 47 stc 124. ..... dated 9.2.1981 as amended subsequently. ..... 13/81-cus on 9.2.1981. .....

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Oct 12 2000 (TRI)

Kudremukh Iron Ore Ltd. Vs. Collr. of Cus.

Court : Customs Excise and Service Tax Appellate Tribunal CESTAT Delhi

Reported in : (2000)(121)ELT769TriDel

..... the preamble to that notification stated that goods specified in the table attached to it, when imported into india for the purpose of manufacture of articles for exports out of india by hundred per cent export-oriented undertakings are exempt from the whole of the duty of customs leviable thereon under the first schedule to the customs tariff act, 1975 and the additional duty leviable under section 3. ..... , involved in this case are machinery used for the purpose of manufacture of article for export of ore out of india.learned departmental representative raised a contention that the above decision of the supreme court was one concerning the sales tax act and so cannot be of any assistance in deciding the present issue. ..... their lordships observed :- "where a dealer is engaged both in mining operation as also in processing the mined ore for sale, the two processes being interdependent,; it would be essential for carrying on the operation of processing that the ore should be carried from the mining site where the mining operation comes to an end to the place where the processing is carried on and that would clearly be an integral part of the processing and if any machinery, vehicles, barges and other items of goods are used for carrying ..... union of india and others reported in [1981] 47 stc 124. ..... , dated 9-2-1981 as amended by subsequent notifications. ..... , dated 9-2-1981 as amended subsequently. ..... on 9-2-1981. .....

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Mar 30 2000 (HC)

G. Ramanathan Vs. the State of Tamil Nadu rep. by the Collector of Tha ...

Court : Chennai

Reported in : 2000(2)CTC458

..... tamil nadu prohibition act, 1937 (act no.x of 1937) came to be introduced for implementing the avowed policy of the state to introduce and extend the prohibition of the manufacture; sale and consumption of intoxicating liquors and drugs in the state of tamil nadu as the preamble reads the enactment though a penal legislation for the purpose of augmenting the revenue of the coffer of the state has incorporated provisions within, contemplating issuance of licences for regulating, manufacture, the sale, both wholesale and retail, import, export or transport of liquor for ..... the basis of the contract in that case is completely different from the nature of the contract in the present case in the sense the parties hereto have bound themselves under the statutory contract and does not require compliance of section 175 of the government of india art now article 299 of the constitution of india ..... by virtue of the power conferred under section 54 of the act, the state also brought into being the tamil nadu toddy and arrack shops (disposal in auction) rules, 1981 for grant of the privilege through the medium of auction ..... rule 14 of the tamil nadu arrack (retail shop) rules 1981 stipulates that the licensees should pay the amount of rental promptly before the 10th of each ..... rule 20 of the tamil naduarrack (retail shops) rules, 1981 also has a bearing on the manner of dealingwith the said deposit of ..... to be brought for re-sale under tamil nadu toddy and arrack shops (disposal in auction) rules, 1981. .....

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May 10 2022 (SC)

Nedumpilli Finance Company Limited Vs. State Of Kerala .

Court : Supreme Court of India

..... 3 of the banking companies (acquisition and transfer of undertakings) act, 1970 (central act 5 of 1970); 11 (vi) a regional rural bank established under the regional rural banks act, 1976 (central act 21 of 1976); (vii) a corresponding new bank constituted under section 3 of the banking companies (acquisition and transfer of undertakings) act, 1980 (central act 40 of 1980); (viii) the export import bank of india established under the export import bank of india act, 1981, (central act 28 of 1981); (ix) the national bank for agriculture and rural development established under the national bank for agriculture and rural development act, 1981 (central act 61 of 1981); (x) the industrial reconstruction bank of india established under the industrial reconstruction bank of india act, 1984 (central act 62 of 1984); 4.11 the banking regulation act ..... one of the objects the reserve bank of india act, 1934 as spelt out in its preamble is to operate the currency and credit system of the country to its advantage . .....

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Aug 22 2019 (SC)

The State of Maharashtra Vs. Maharashtra Hybrid Seeds Co. Pvt. Ltd.

Court : Supreme Court of India

..... these seed inspectors perform their duties as quality control inspectors and also exercise powers to regulate the sale, export, import and storage of the seeds relating to the respective provisions of the seeds act, 1966, seeds rules, 1968, seeds (control) order, 1983 and the provisions of the maharashtra cotton seeds (regulation of supply, distribution, sale and fixation of sale price) rules, 2010 ..... matters arising out of the proposed legislation; (b) fixing minimum standards of germination, purity and other quality factors; 8 (c) testing seeds for quality factors at the seed testing laboratories to be established by the central government and the state government; (d) creating of seed inspection and certification service in each state and grant of licences and certificates to dealers in seeds; (e) compulsory labelling of seed containers to indicate the quality of seeds offered for sale; and (f) restricting the export, import and inter-state movement ..... the preamble of the seeds act, 1966, provides an act to provide for regulating the quality of certain seeds for sale, and for matters connected ..... reportable in the supreme court of india civil appellate jurisdiction civil appeal no.6564 2019 (arising out of slp(c) no.28245 of 2018) the state of maharashtra and others ...appellants versus maharashtra hybrid ..... the government of india had brought out different legislations to protect the quality of seeds namely the seeds act, 1966, seeds rules, 1968, seed (control) order, 1983 and .....

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Dec 23 2015 (HC)

Riddhisiddhi Bullions Limited and Others Vs. Union of India, through C ...

Court : Mumbai

..... a survey of the reserve bank of india act, 1934, leaves us in no manner of doubt that there is substance in the contentions of the learned advocate appearing on behalf of the reserve bank of india that the bank is the custodian of foreign exchange and regulates the sale, purchase of foreign exchange, including receipt of payment of exports etc. 85. ..... it is clear that so long as the dealings in foreign exchange and securities transactions indirectly affecting foreign exchange and the import and export of currency so also conservation of foreign exchange resources of the country and the proper utilisation thereof in the interest of the economic development of the country are the common objects in both fera and fema, then, that element necessarily brings in the reserve bank of india and the ministry of commerce, government of india as well as the directorate general of foreign trade. ..... its preamble makes it clear that this bank is constituted to regulate the issue of bank notes and the keeping of reserves with a view to secure monetary stability in india and generally to operate the currency and credit system to the country's full advantage. ..... i say and submit that as enshrined in the preamble of the rbi act, 1934, the bank is custodian of foreign exchange and regulates the sale, purchase of foreign exchange including receipt of payment for export etc. ..... from the preamble and from sections 13(1) and 13(2). ..... our attention is invited to the preamble to fema by mr. .....

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Jul 18 2000 (HC)

Om Parkash Kapoor and anr. Vs. Special Addl. Director of Enforcement a ...

Court : Delhi

Reported in : 2000(56)DRJ505; 2001(73)ECC50

..... the preamble of the act gives the reasons why the passing of the act had become desirable : as 'an act to regulate certain payments, dealings in foreign exchange and securities and the import and export of currency and bullion'; it provided:-'whereas it is expedient in the economic and financial interests of india to provide for the regulation of certain payments, dealings in foreign exchange and securities and the import and export of currency and bullion. ..... the division bench in appeal considered the scope of the power and objects both of the reserve bank of india act, 1934 and the fera act; 1947 and observed as under:-'the preambles to both the reserve bank of india act, 2 of 1934, and the foreign exchange regulation act, vii of 1947, are themselves of interest on this aspect. ..... ' under section 7 of the reserve bank of india act, the central government may make and the bank may receive such directions from the central government, from time to time, as that government might consider it necessary in the public interest. ..... otherwise, the interpretation would defeat the very purpose with which reserve bank has been clothed with powers of regulation, under the reserve bank of india act, and the foreign exchange regulation act. .....

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Sep 07 1965 (HC)

Reserve Bank of India Vs. Vasanthi Raman

Court : Chennai

Reported in : [1966]36CompCas416(Mad)

..... the preambles to both the reserve bank of india act, 2 of 1934, and the foreign exchange regulation act, vii of 1947, are themselves of interest on this aspect. ..... the preamble to the former act states that it is expedient to constitute a reserve bank for india to regulate the issue of bank notes and the keeping of reserves with a view to securing monetary stability in india, and generally to operate the currency and credit system of the country to its advantage. ..... the power of the reserve bank to regulate foreign exchange by the modes contemplated by the reserve bank of india act, 2 of 1934, and the foreign exchange regulation act, vii of 1947, has never been in dispute at any stage of the proceedings. ..... similarly, the foreign exchange regulation act states, in its preamble, that it is ' expedient in the economic and financial interest of india to provide for the regulation of certain payments, dealings in foreign exchange and securities and the import and export of currency and bullion. ..... the reserve bank of india, madras, opposed the writ proceeding, and contended, briefly stating the pleas that their refusal to grant the permission in form ' p ' was perfectly justified, and in accordance with the latest policy adumbrated by the authorities of the bank at the highest level, and approved by the government of india, in regard to the regulation of foreign exchange. .....

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